Private Credit Operations

Please reach out if you are a Loan Operations/ Private Credit / Direct Lending Specialist with Hedge Fund (Credit Strategy) experience and are looking for that exciting next step in your career!

A prestigious alternative asset management firm is seeking a Private Credit Operations Analyst to join their London office, offering a competitive salary of £75,000. This is an exceptional opportunity for you to become part of a globally recognised organisation with over £30 billion in assets under management and a diverse international team. The role promises exposure to a wide range of private credit operations, including new and existing deal fundings, reconciliations, and administrator oversight. You will be supported by a knowledgeable team committed to building a best-in-class support and control function, ensuring you have the resources and guidance needed to thrive. With flexible working opportunities and access to ongoing training, this position is ideal for someone eager to develop their expertise in private and liquid credit operations while contributing to operational excellence.

What you'll do:

• As a Private Credit Operations Analyst, you will play a pivotal role in supporting the operational backbone of the private credit business. Your day-to-day responsibilities will involve processing complex financial transactions across multiple asset classes while ensuring accuracy in reconciliations.
• You will coordinate deal fundings for both new investments and existing portfolios, working closely with various teams to guarantee seamless execution.
• Oversight of fund administrators will be central to your remit as you monitor their performance against established benchmarks.
• Data governance will be another key focus area; you will help maintain robust controls that safeguard data integrity.
• Responding efficiently to stakeholder queries will showcase your commitment to dependable service delivery.
• Your involvement in operational improvement projects will allow you to contribute meaningfully to the firm's ongoing success.
• By fostering collaboration across departments, you will help create an environment where shared knowledge leads to collective achievement.
• Process bond, derivative, equity, and loan-related activities such as rollovers, paydowns, interest receipts, restructures, and payment-in-kind transactions with meticulous attention to detail.
• Initiate payments and investigate any discrepancies or delays to ensure smooth financial operations across all asset classes.
• Perform daily cash and position reconciliations at both asset and fund levels, maintaining accuracy and integrity in all records.
• Coordinate funding for new and existing private deals by monitoring pipelines and collaborating closely with internal teams.
• Oversee fund administrators' performance based on service level agreements by maintaining open communication channels and ensuring accountability.
• Ensure data governance by establishing documented processes, procedures, and controls that uphold the highest standards of data quality.
• Respond promptly to ad hoc queries from internal or external stakeholders, demonstrating reliability and commitment to excellent service.
• Contribute actively to change initiatives and operational improvement projects that enhance efficiency across the business.
• Collaborate with colleagues throughout the organisation to promote teamwork, share insights, and support communal goals.
• Maintain effective relationships with third parties by communicating clearly and professionally at all times.

What you bring:

• To excel as a Private Credit Operations Analyst, your background should include at least two years' experience servicing loan asset classes or performing cash reconciliations across multiple asset types.
• Your interpersonal skills will be essential for building trust-based relationships both internally and externally.
• A keen eye for detail paired with strong organisational abilities will help you manage complex workflows effectively.
• Familiarity with industry-standard systems like WSO or Sentry will enable you to hit the ground running.
• Your capacity for clear communication-both written and verbal-will ensure smooth collaboration across teams.
• An understanding of risk management practices is crucial for maintaining operational integrity.
• Above all else, your willingness to share knowledge, work cooperatively within teams, and embrace ongoing learning opportunities will set you apart in this role.
• Demonstrated flexibility and adaptability when working in environments that require quick learning and responsiveness.
• A genuine curiosity for problem solving combined with the ability to focus on details without losing sight of broader objectives.
• Comprehensive understanding of various asset classes with particular emphasis on private loans; experience servicing loan assets is highly valued.
• Exceptional attention to detail that ensures accuracy in transaction processing and reconciliation tasks.
• Commitment to promoting collaboration and teamwork within cross-functional groups.
• Clear communication skills that enable effective interaction with teams throughout the business as well as external partners.
• Excellent time management abilities that allow you to prioritise tasks efficiently while meeting deadlines consistently.
• Sound understanding of risk management principles including escalation processes for potential issues.
• Experience using asset maintenance systems such as WSO, Sentry or Solvas for managing loan portfolios or cash reconciliations.
• Proven track record of building dependable relationships with third parties through honest communication.